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Last €18.90 EUR
Change Today +0.102 / 0.54%
Volume 0.0
CDS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:06 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

cadence design sys inc (CDS) Snapshot

Open
€18.72
Previous Close
€18.80
Day High
€18.90
Day Low
€18.61
52 Week High
07/29/15 - €18.90
52 Week Low
10/15/14 - €12.26
Market Cap
5.5B
Average Volume 10 Days
80.0
EPS TTM
--
Shares Outstanding
291.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CADENCE DESIGN SYS INC (CDS)

cadence design sys inc (CDS) Related Businessweek News

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cadence design sys inc (CDS) Details

Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, including logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization. The company also provides digital integrated circuits (ICs) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation products for use in place and route, signal integrity, optimization, and double patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process. In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design IP products consisting of pre-verified and customizable functional blocks to integrate into customer’s SoCs; and VIP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers engineering, methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

6,100 Employees
Last Reported Date: 02/20/15
Founded in 1988

cadence design sys inc (CDS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $650.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $400.0K
Executive Vice President and General Manager ...
Total Annual Compensation: $412.5K
Senior Vice President and General Manager of ...
Total Annual Compensation: $375.0K
Chief of Staff to the Chief Executive Officer...
Total Annual Compensation: $375.0K
Compensation as of Fiscal Year 2014.

cadence design sys inc (CDS) Key Developments

Cadence Design Systems Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 4, 2015; Provides Earnings Guidance for the Third Quarter Ending October 3, 2015 and for the Year Ending January 2, 2016

Cadence Design Systems Inc. announced unaudited consolidated earnings results for the second quarter and six months ended July 4, 2015. For the quarter, the company reported total revenue of $415,883,000 against $378,788,000 a year ago. Income from operations was $76,404,000 against $35,497,000 a year ago. Income before provision for income taxes was $69,571,000 against $29,763,000 a year ago. Net income was $58,160,000 against $23,263,000 a year ago. Diluted net income per share was $0.19 against $0.08 a year ago. On the non-GAAP basis, the company reported income from operations of $115,551,000 against $88,931,000 a year ago. Income before provision for income taxes was $110,877,000 against $85,958,000 a year ago. Net income was $85,375,000 against $63,609,000 a year ago. Diluted net income per share on a non-GAAP basis was $0.27 against $0.21 a year ago. Operating cash flow was $122 million compared to $47 million for first quarter and $69 million for the year-ago quarter. Capital expenditures were $17 million. This was higher than first quarter due to the timing of facilities investments. For the six months, the company reported total revenue of $827,249,000 against $757,338,000 a year ago. Income from operations was $125,689,000 against $77,809,000 a year ago. Income before provision for income taxes was $111,883,000 against $68,189,000 a year ago. Net income was $94,419,000 against $56,333,000 a year ago. Diluted net income per share was $0.30 against $0.19 a year ago. Net cash provided by operating activities was $168,442,000 against $96,963,000 a year ago. Purchases of property, plant and equipment was $24,067,000 against $17,715,000 a year ago. For the third quarter ending October 3, 2015, the company expects total revenue in the range of $423 million to $433 million. Third quarter GAAP net income per diluted share is expected to be in the range of $0.17 to $0.19. Net income per diluted share using the non-GAAP measure, expected to be in the range of $0.25 to $0.27. Net income on a GAAP basis expected to be in the range of $52 million to $58 million and net income on a non-GAAP basis expected to be in the range of $78 million to $84 million. Non-GAAP operating margins are expected to be in the range of 25% to 26%. For the year ending January 2, 2016, the company expects total revenue in the range of $1.685 billion to $1.715 billion. On a GAAP basis, net income per diluted share for 2015 is expected to be in the range of $0.63 to $0.69. Using the non-GAAP measure, net income per diluted share for 2015 is expected to be in the range of $1.00 to $1.06. Net income on a GAAP basis expected to be in the range of $195 million to $214 million and net income on a non-GAAP basis expected to be in the range of $311 million to $330 million. It expects capital expenditures to remain approximately $40 million for the year. Non-GAAP operating margin is expected to be in the range of 25% to 26%. Assumed non-GAAP income tax rate is 23%. It expects operating cash flow to be approximately $360 million, up from prior guidance of $350 million.

Cadence Design Systems Seeks Acquisitions

Cadence Design Systems Inc. (NasdaqGS:CDNS) has filed a shelf registration. Cadence Design Systems said, "The net proceeds from the sale of the securities will be used for general corporate purposes, including working capital, repurchases of shares of our common stock, acquisitions, retirement of debt and other business opportunities."

Cadence Design Systems Inc. Announces Itseez OpenCV Library Now Available on Cadence Tensilica Image/Vision DSPs

Cadence Design Systems Inc. announced that the Itseez OpenCV library of computer vision acceleration algorithms is now available on the Cadence®Tensilica® image/video digital signal processors (DSPs). The OpenCV software suite was ported by vision industry experts at Itseez and optimized by Cadence to make it much easier for designers to accelerate their compute-intensive vision processing applications. The OpenCV library is well known for its advanced image processing, contour processing, computational geometry, various feature detectors and descriptors, object tracking, optical flow, camera calibration and machine learning tools. The Tensilica IVP DSP was designed for the complex algorithms in imaging, video and computer vision applications including innovative multi-frame image capture, video pre- and post-processing, object and face recognition, low-light enhancement and many other complex tasks.

 

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CDS

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Valuation CDS Industry Range
Price/Earnings 32.9x
Price/Sales 3.6x
Price/Book 4.3x
Price/Cash Flow 27.2x
TEV/Sales 3.0x
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